Sunday, May 11, 2014

"... came up with the idea of a carbon tax..."?

Bill Nordhaus? Um, no. Great economist. Important work. A bit cautious on climate policy—the discount rate he uses is too high, I think—but careful and smart. But came up with the carbon tax? I think that would have to be Arthur Pigou, even if he didn't know CO2 was a form of pollution back in 1920...

No comments:

Post a Comment